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Franklin County CDC Alan Singer - Lending Director 324 Wells Street Greenfield, MA 01301 Phone: (413) 774-7204 #105 Fax: (413) 773-3562 e-mail: Alans@fccdc.org URL : www.fccdc.org "The Franklin County CDC is an Equal Opportunity Provider".
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Alan Singer - Lending Director
324 Wells Street
Greenfield, MA 01301
Phone: (413) 774-7204 #105
Fax: (413) 773-3562
"The Franklin County CDC is an Equal Opportunity Provider"
Access to Resources (money, time, people, land, equipment, knowledge) Yours & others
Use Technology to streamline operations.
Take it seriously
Competitive advantageAdd Value
Know when to bail
PVGrows Farm & Food Entrepreneurship
Are they in it for the long haul?
Is there a Mission fit amongst all of the funders for the deal?
Choose partners the Borrower’s Principal(s) will both understand and respect
Choose partners sharing similar
Choose a mutually agreed upon contact person for the team
Avoid organizations that are dealing outside of their stated mission
Avoid team members that don’t take the time to understand industry and business models
Avoid organizations that employ one capable employee without a back up
Avoid key funding time lines from funders unless they are capable of doing so
Avoid making key decisions outside of team meetingsTEAM-RELATED ISSUES
ManufCompany, Inc. Cost of Goods Manufactured Schedule For the Year Ended December 31, 20X0
Direct materials used
Beginning raw materials inventory 6,200
Add: Cost of raw materials purchased 49,400
Total raw materials available 55,600
Less: Ending raw materials inventory (5,800)
Total raw materials used 49,800
Direct labor 125,600
Indirect materials 4,100
Indirect labor 43,700
Depreciation—factory building 9,500
Depreciation—factory equipment 5,400
Property taxes—factory 4,500
Total manufacturing overhead 79,200
Total manufacturing costs 254,600
Add: Beginning work-in-process inventory 10,200
Less: Ending work-in-process inventory (9,800)
Cost of goods manufactured 255,000
“The Secured Lender”
Industry Trade Group Web-sites and Publications
Access the Database of your Nearest College or University Research Library
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